61.8 retracement, break of rising trend line, retest of resistance zone.
As you can see here UJ is moving in a clear uptrend printing new Lowerhighs and HigherHighers. it is currently testing its previous LowerHigh which is also at a key zone (the blue ray line). The price has also retraced 0.5 fib level which is also at the retest level of the purple rectangle. i also drew on a trend line which clearly shows the direction of the trend...
As you can see on BTCUSD price has been moving in a larger corrective pattern. Before my analysis stated that if the [price broke the structure i would wait for a push then flag and then place a long order. However, i mentioned if price fell below my blue lined support level which has no turned into a resistance zone i will be shorting to the next zone. Here as...
As you can see with this pair price had reached the bottom of a larger pattern, then it pushed upwards and is now creating a larger corrective pattern within the large one. For this pair I will enter this pair at a low risk entry of the bottom of the smaller pattern as you can see by the targets. I have two targets one which is up to the small corrective pattern....
As you can see with this pair price had reached the bottom of a larger pattern, then it pushed upwards and is now creating a larger corrective pattern within the large one. For this pair I will enter this pair at a low risk entry of the bottom of the smaller pattern as you can see by the targets. I have two targets one which is up to the small corrective pattern....
Throughout the years of experience i have had within trading i have noticed USDCAD moves very technically. As you can see see every time the pair reached the bottom of the pattern it has bounced off the larger pattern. there is a smaller pattern within the larger pattern too which will be my first target. the second target will be the the top of the larger pattern...
As you can see this pair has been following a clear down trending pattern and the pair has formed a head and shoulders pattern at the top of the down trending patter. this indicated to me that the pair could push down to either the bottom of the pattern, or i have set other target zones in which i believe the pair will fall to.
Here on this pair, as you can see the price had pushed back to the top of the pattern, this could either break and push to the upside or fall back for some downside movement. if it pushes to the upside i will wait for push then a retrace-ment pattern like a falling wedge for continuation longs to the upside. However, for downside movement i will like price to...